Friday, May 26, 2006

Asbestos Trust Plan Is Changed to Win Support in U.S. Senate

Senator Specter is back with a revised trust fund bill. This time, he claims he's tightened up the medical criteria to prevent a fund from going under although getting a physician to state in an affidavit that someone's illness was caused by asbestos doesn't seem all that "tightened up". Additionally, the bill redistributes the contributions between big and small companies so it looks less like a bailout for big companies. But, let's see how the opponents react and if they can get the few votes needed.